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Associated British Foods plc is an international food, ingredients and retail company. The Company's segments include grocery, sugar, agriculture, ingredients and retail. Its geographical segments include the United Kingdom, Europe and Africa, the Americas and Asia Pacific. The grocery segment manufactures grocery products,... (more)

LONDON, Nov 10 British shares could not shake a
downbeat mood on Friday and were set for their worst weekly drop
in two months, as retail stocks continued to weigh, with
Burberry and Bunzl leading losses.

LONDON Associated British Foods cautioned on Tuesday that sugar profits would fall this year, hurt by lower European Union prices, taking the shine off a 20 percent jump in the group's 2016-17 earnings.

LONDON (Reuters Breakingviews) - Associated British Foods will pay for its sweet tooth. A company that sells everything from sugar beet to cheap party dresses has so far made the most of this somewhat odd mix. But its exposure to sugar prices means its valuation is too rich.

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